What’s good Wealthbuilderz. It’s yah boy DeVaughn back again with another video and blog post. Today we are talking about How To Break The Cycle Of Bad Credit 5 Steps
So let’s go!!.
Work on your mindset
A lot of times what’s stopping us in our endeavors is the fact that we don’t have the right mindset. You have to be committed to breaking the cycle of bad credit. Without a true commitment from you then trying to get a great credit score won’t work
Step 1
Get Your credit report from all the credit bureaus.
Knowing your credit score is cool but you need
to actually have your report in hand to know where you stand
Step 2
Give yourself a raise
A lot of times beyond mindset people are paying way too much in taxes.
That refund you get during tax season is not even all the money you can get during the year
if you didn’t over pay your taxes.
Step 3
Use the Extra money in the right way.
Now that you’ve started earning extra money through your current job you can start paying down the credit cards and bad loans that you have on your credit.
Step 4
Start a home based business.
Not only will have the potential to make a side income to pay down your debts even more but you can get Way more tax benefits then just being taxed as an employee. Business owners save way more money on taxes and get taxed way less.
Step 5
If you want to really know how to complete these five steps to break the cycle of bad credit
go ahead click the link below and put your information in. Watch our free Webinar and learn more.
There you have the 5 steps to breaking the cycle of bad credit
Thanks for watching
its yah boy DeVaughn signing off
for How to Break the cycle of bad credit
Do remember Wealthbuilderz
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